Senior Manager, Thermal Asset Management - Invenergy
Chicago, IL
About the Job
Invenergy drives innovation in energy. Powered by decades of entrepreneurial experience and unparalleled execution, we solve the energy challenges facing our customers and communities. We provide power generation and storage solutions at scale around the world to create a cleaner energy future. We develop. We build. We own. We operate. We are Invenergy.
Job Description
Position Overview
TheSenior ThermalAsset Manageris responsible fora wide range of activities all directed toward the same goal: safely maximizing the profitability of Invenergy’s portfolio of operatingthermalassets.
Responsibilities:
Finance:
Develop annual budgets and perform periodic variance analyses for financial metrics such as EBITDA, distributions, etc.
Provide input and review of the pro-forma financial models for generation assets
Develop reports on generation asset performance for investors and lenders
Assistin cash flow forecasting and management
Perform financial analyses of aftermarket improvements, including profits, losses, and associated risks
Develop other ad-hoc analyses as needed, coordinating with Accounting, Finance, Tax, etc.
Operations:
Coordinate with site-based and corporate O&M staff tooptimizethermal asset performance, including majorcomponentrepair and optimization of maintenance planning
Evaluate and improve operational performance, alongside engineering teams
Participate in contract development with outside vendors, fromsolicitingquotes to supporting final contract negotiation
Lead dispute negotiations if they arise with contractual counterparts
Commercial:
Provide input onoptimizingthe bidding and scheduling of assets in the market
Support development and review commercial contracts and bids
Collaborate with Commercial team on near-term and long-term power market strategy
Regulatory and compliance:
Ensure compliance with the regulatory requirements and project agreements, including Power Purchase Agreements, Operating Agreements, Credit Agreements, and Operations and Maintenance Agreements
Required Skills
Bachelor's Degree in a quantitative discipline (e.g., Engineering, Mathematics, Economics, Finance or Accounting)
5+ years of experience in a similar function and industry, including but not limited to finance, accounting, FP&A, commercial management, project management, and consulting in industries such as energy, utilities, construction,manufacturingand real estaterequired
Experience with standard financial metrics and analyses (NPV, IRR, DCF models)
Demonstratedproficiencyin Microsoft Excel
Some travelrequired
Eligible to work in the United States without the need for employer visa sponsorship now or in the future
Preferred Skills
Experience in thermal or an adjacent energy sector (cogeneration plants, gas turbines, steam turbines, natural gas, oil and gas etc.) is beneficial, but notrequired
Strong analytical, logical, and problem-solving skills
Master’s Degree in Business, Economics, Finance, or Engineering
Benefits
Eligible for medical, dental, vision, 401(k), bonus, paid time off, etc.
Invenergy LLC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to, among other things, race, color, religion, sex, sexual orientation, gender identity, national origin, age, status as a protected veteran, or disability.
